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home equity loan

   Also found in: Financial, Acronyms, Wikipedia 0.03 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.home equity loan - a loan secured by equity value in the borrower's home
equity credit line, home equity credit, home loan
consumer credit - a line of credit extended for personal or household use
loan - the temporary provision of money (usually at interest)
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A home equity loan (or line of credit) is a second mortgage that lets you turn equity into cash, allowing you to spend it on home improvements, debt consolidation, college education or other expenses.
Home Equity Loans ? Advantages & Disadvantages by webmaster homeloans / Home based business community
Someone with a credit card loan would benefit from taking a home equity loan on their home in order to repay the credit card debt.
How Do Home Equity Loans Work? by Stefan Hyross / Real estate industry community
by getting a home equity loan Your home will simply serve as a security when drawing out a loan from your home?
Secret of How a Home Equity Loan Can Help You Financially Revealed by Alan Lim / Finance and Investment community
 
 
 
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